Page:The New International Encyclopædia 1st ed. v. 07.djvu/202

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174
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EQUITY OF REDEMPTION. 174 ERASMUS. some of whom restrict it to the second adniinis- process knov iiuted ill in equity. i' '» t rat ion of Monroe.

islin- ERARD, a'rar'. SEBASTIEN (1752-1831). A

for the famous French piano and harp maker, born at sale of the mortgaged premises, to which the Strassburg. He went to Paris, where the Duchesa be applied) of VilleToy became his patron, and in her house le right or he made the first piai ver manufactured in equit verting the mort- France. He became famous, and with his tate into an absolute one. brother established a large factory in Paris and sure, there is, a branch in London. Thenceforward devoting his . no way in which the right of Iged so long as the rela- ee continues. But u.m is terminated by the mortgagee's upation of the land, without any recognition of the mortgage, for the statutory imitatioi the equity of redemption Iso be cut till by lapse of time. This period went} years, but in some jurisdictions a shorter period of limitation of ten or twelve

! by statute for extinguishing an

life to the development of his favorite instru- ment, the pianoforte, he brought it to a per- fection before unknown, his most famous inven- tion being the repetition action, first applied in 1809. For the harp he invented the double-action mechanism. He died near Paris. ERAS, a'ras, Wolfgang (1843-92). A Ger- man political economist, born at Schbnfehl, and educated at Leipzig, Jena, and Berlin. He was general secretary to the Rhenish-YVestphalian Industrial Association from 1860 to 1870, in equity of redemption by the adverse possession of 18n was appointed recorder of the Chamber of the mortgagee. In the absence of statutes of Commerce in Breslau, and in 1886 held the same limitation the equity tribunals have in some cases pos ition in the Textile Manufacturers' Associa- refused to recognize the right to redeem where tion f Silesia. He was editor of the Jahrbuch the mortgagor or other party claiming the right f iir Volksmrtschaft in 1868-69. The following is ited for an unreasonable time to exer- a list f n i s more important publications: Der cise it. Popularly the expression equity of redemption is often employed to denote the value of mort- gaged property over and above the amount of the mortgage debt with the interest that may be due thereon. See Chancery; Equity; For- .! : Mortgage; Redemption; and consult ithorities referred to under the article on Morti EQUIVALENT ( from Lat. quivalere,to have equal value, from cequus, equal : mien-, to have power), A term used in geometry, to signify equality of area or volume. Thus, two triangles are said to b ruivalent, or equal in area, or simp]} equal, if they have equal bases and equal altitudes. Bu1 if they are also similar in shape, nt .or identically equal. In algebra, two equations are said to be equiva- lent when the routs of each completely satisfy the other; e.g. if the same quantity is added to or subtracted from the two members of an equation, nit is an equivalent equation, since any root oi A=B is also a root oi A.±C =B±C, and any root of A.'±0 = B±C i^ also a root of A= H. But, while and as = 2 are equation each of which is directly derivable from tl thers, they are not equivalent equa- E'RA. See ' InsoNOi ogy. ERAN'. ERA'NIAN. See [BAN, [BANIAN. ERA OF GOOD FEELING. term applied in American political histoi I 1817 to 1824, during which there vvas virtual! onlj one pn > i . t he I >e t at ic Republican in the United M the i lo ■ ol the at oi 1812 1 1 almost ent irely net and in 1821 Pre idi iral vote ot !31 < 232. ; over the tariff and internal litical 1 Di rent lat< e re given for the i ni • r iters on Vmeriean historj Wdhrungsstrcil (lSSlii: F.inrichUitujen fiir die ichiffahri an deutsohen mid hollandiscken Handelsplatzen (1885); Unser Handel mit den Balkanlandern (1891). ERASED ( from Lat. erasus, p.p. of eradcre, to erase, from c, out -f- radere, to scrape) and Eradicated. Terms in heraldry, denoting that an object is plucked or torn off, and showing a ragged edge; as opposed to coupe or coupy, cut, which shows a smooth edge. A tree plucked up by the roots is said to be eradicated. See Her- aldry. ER'ASIS'TRATUS (Lat., from Gk. 'EpaoY- arparos). One of the most famous physicians and anatomist 9 of ancient times. He was born at Iulis. in the island of Ceos, probably between B.C. 340 and 325, the son of Cleombrotus and Cretoxene. He became the pupil of Metrodorus and Theo- phrastus, and through Metrodorus was inllu- eneed by the views of Chrysippus. He traveled much, and was about B.C. 294 body physician at the Court of Seleucus Xicator, King of Syria. At a later time he resided at Samos, but, giving up practice, devoted himself to the study of the the- ory of anatomy. Erasistratus was the first to distinguish between the sensory nerves and the motor nerves, and to trace both sets of nerves back to the substance of the brain. He also ap proached to the right view of the circulation of the blood, in that be explained the origin of both the veins and the arteries as being in the heart. He wrote many works on medicine and anatomy, of which we have a few fragments and the titles oi some fourteen or fifteen, There was a later sect of physicians who called themselves, from the name of their master, Erasistrateans. Con- tilt: Hieronymus, EraMstrati et Erasistrateo- ruin 11 Fena, 17!mii ; Susemihl, Oeschichtt der griechischen Litteratur, vol. i. (Leipzig, 1892); Fuchs, "De Erasistrato Capita Selecta," in Hermes, vol. xxix. (Berlin, 1897). ERASMUS, <■• ra/.'mus. Desiderius (c.1486- B < » » f the greatest scholars of the Re- naissance ami Reformation period. He was born at Rotterd October 28th, probably in the year